Re: reputation-Liddy
in response to
by
posted on
Jun 14, 2013 07:23PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
If anyone dares to express disapointment, an emotion equally valid with the euphoria when things are going well, they're labelled a basher or a manipulator. now there's a lopsided position, but that's allright, just keep it upbeat.
They aren't expressing disappointment though. Some of them are saying the company is lying to shareholders. They are saying BFS was not bankable. There is no agreement. They are ignoring agreement.
Look. It's plain and simple.
Feb 4th - FS
June 5th - NR that CUU IS STILL NEGOTIATING.
That's it. Company did not say anything about bankable or no agreement or anything at all.
Until it's a release from the company or you've heard it yourself directly from Elmer or Mike, everything else you read on this board is a secondary source.
Same goes on the pumping side how this is worth $10 / share etc. etc.
I'll be the first to admit. I know how much we have in the ground. I don't know how to value an undeveloped mine. My information is limited. I cannot value how much a buyout or back in will be.
Good thing is Teck and CUU are negotiating. Whatever it is, it shows Teck is still interested.